Entrepreneurship EOY Vocab. Test
Business
10th Grade
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What is the process of effectively working together in group settings?
Management
Cooperation
Accounting
Finance
2.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What is the department responsible for the management process?
Marketing
Production
Management
Distribution
3.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What is the process of recording, classifying, summarizing and reporting the financial position of a business?
Accounting
Finance
Assets
Liabilities
4.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What are items of value owned by a business called?
Capital
Assets
Liabilities
Equity
5.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What are the debts or obligations of a business called?
Equity
Capital
Liabilities
Assets
6.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What is the department responsible for managing the use of company funds?
Finance
Marketing
Production
Management
7.
MULTIPLE CHOICE QUESTION
5 mins • 6 pts
What is the department responsible for creating products which meet consumer wants and needs?
Management
Distribution
Production
Marketing
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